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IC Production In Taiwan Expected To Grow

The semiconductor industry of Taiwan are expecting to grow in the 2nd half of the year to recover from the slow IC production from the start of the year according to Taiwan’s Industrial Technology Research Institute (ITRI).

The global semiconductor industry sector continue to adjust and looking to the peak season of IC productions. ITRI are looking for a 8.6% increase of manufacturing IC production that could reach NT$612.9 billion.

Makers of consumer electronic gadgets like interactive toys and automotive increase demand for semiconductors while electronic devices smartphone and tablet remain flat.

The production value of IC packaging and testing sections are forecast to rise. However, the weakening pricing power will drag down the overall IC industry for the whole 2019 due to the weak demand on last quarter of 2018 and first quarter of 2019.

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